Singapore - Wood Residues, Pellets and Other Agglomerates - Market Analysis, Forecast, Size, Trends and Insights
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View PricingSingapore: Market for Wood Residues, Pellets And Other Agglomerates 2024
Market Size for Wood Residues, Pellets And Other Agglomerates in Singapore
After ten years of growth, the Singaporean market for wood residues, pellets and other agglomerates decreased by X% to $X in 2022. Over the period under review, consumption, however, showed a significant increase. As a result, consumption reached the peak level of $X, and then fell markedly in the following year.
Production of Wood Residues, Pellets And Other Agglomerates in Singapore
In value terms, production of wood residues, pellets and other agglomerates declined markedly to $X in 2022 estimated in export price. Overall, production saw a slight contraction. The most prominent rate of growth was recorded in 2019 when the production volume increased by X% against the previous year. Over the period under review, production of attained the peak level at $X in 2016; however, from 2017 to 2022, production stood at a somewhat lower figure.
Exports of Wood Residues, Pellets And Other Agglomerates
Exports from Singapore
Exports of wood residues, pellets and other agglomerates from Singapore shrank to X cubic meters in 2022, waning by X% compared with the previous year's figure. In general, exports recorded a abrupt contraction. The growth pace was the most rapid in 2015 with an increase of X%. The exports peaked at X cubic meters in 2016; however, from 2017 to 2022, the exports remained at a lower figure.
In value terms, exports of wood residues, pellets and other agglomerates stood at $X in 2022. Over the period under review, exports, however, saw pronounced growth. The pace of growth was the most pronounced in 2021 when exports increased by X%. Over the period under review, the exports of reached the maximum at $X in 2016; however, from 2017 to 2022, the exports stood at a somewhat lower figure.
Exports by Country
Malaysia (X cubic meters) was the main destination for exports of wood residues, pellets and other agglomerates from Singapore, accounting for a X% share of total exports. Moreover, exports of wood residues, pellets and other agglomerates to Malaysia exceeded the volume sent to the second major destination, Hong Kong SAR (X cubic meters), threefold. Thailand (X cubic meters) ranked third in terms of total exports with an X% share.
From 2012 to 2022, the average annual rate of growth in terms of volume to Malaysia stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Hong Kong SAR (X% per year) and Thailand (X% per year).
In value terms, the largest markets for wood residues, pellets and other agglomerates exported from Singapore were Malaysia ($X), Vietnam ($X) and Hong Kong SAR ($X), with a combined X% share of total exports.
In terms of the main countries of destination, Vietnam, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.
Export Prices by Country
In 2022, the average export price for wood residues, pellets and other agglomerates amounted to $X per cubic meter, with an increase of X% against the previous year. Over the period under review, the export price saw strong growth. The most prominent rate of growth was recorded in 2020 when the average export price increased by X%. The export price peaked in 2022 and is expected to retain growth in the near future.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Vietnam ($X per cubic meter), while the average price for exports to Hong Kong SAR ($X per cubic meter) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Myanmar (X%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Wood Residues, Pellets And Other Agglomerates
Imports into Singapore
Imports of wood residues, pellets and other agglomerates into Singapore reduced notably to X cubic meters in 2022, shrinking by X% on the previous year's figure. In general, imports saw a perceptible setback. The pace of growth was the most pronounced in 2017 with an increase of X%. Over the period under review, imports of reached the maximum at X cubic meters in 2015; however, from 2016 to 2022, imports stood at a somewhat lower figure.
In value terms, imports of wood residues, pellets and other agglomerates dropped notably to $X in 2022. Over the period under review, imports continue to indicate a pronounced downturn. The pace of growth appeared the most rapid in 2017 with an increase of X%. Over the period under review, imports of reached the peak figure at $X in 2021, and then dropped notably in the following year.
Imports by Country
In 2022, Malaysia (X cubic meters) constituted the largest supplier of wood residues, pellets and other agglomerates to Singapore, with a X% share of total imports. Moreover, imports of wood residues, pellets and other agglomerates from Malaysia exceeded the figures recorded by the second-largest supplier, Indonesia (X cubic meters), threefold. The third position in this ranking was held by the Netherlands (X cubic meters), with a X% share.
From 2012 to 2022, the average annual growth rate of volume from Malaysia amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Indonesia (X% per year) and the Netherlands (X% per year).
In value terms, Malaysia ($X) constituted the largest supplier of wood residues, pellets and other agglomerates to Singapore, comprising X% of total imports. The second position in the ranking was held by the Netherlands ($X), with a X% share of total imports. It was followed by China, with a X% share.
From 2012 to 2022, the average annual growth rate of value from Malaysia totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (X% per year) and China (X% per year).
Import Prices by Country
The average import price for wood residues, pellets and other agglomerates stood at $X per cubic meter in 2022, shrinking by X% against the previous year. Overall, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the average import price increased by X% against the previous year. Over the period under review, average import prices reached the maximum at $X per cubic meter in 2021, and then reduced in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($X per cubic meter), while the price for Vietnam ($X per cubic meter) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (X%), while the prices for the other major suppliers experienced more modest paces of growth.
Source: IndexBox Platform
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the market for wood residues, pellets and other agglomerates in Singapore. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- FCL 1693 - Wood pellets
- FCL 1694 - Other agglomerates
- FCL 1620 - Wood residues
Country coverage:
- Singapore
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Singapore
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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